Blog

Hugh Halford-Thompson, Co-Founder and Chief Innovation Officer of BTL Group, provides the latest BTL Insights to explain why the healthcare industry is such an interesting use case.

What we’ve learnt from past work and continue to learn via ongoing work with clients is that blockchain technology is truly transformational. It is just as easy to build things that produce quicker and cheaper internal processes, within one department, than it is when doing projects at the company level between different entities.

Venzee, a company leveraging artificial intelligence to streamline product information exchange, and BTL, developers of blockchain platform Interbit, announced, on Wednesday, a partnership focused on enabling their customers to deploy blockchain solutions more efficiently and with greater ease.

Venzee’s recently launched data transformation solution, Mesh, aims to greatly simplify the process of integrating blockchain networks with conventional databases, said the company in a statement. With the aid of artificial intelligence, data from existing systems can be imported, merged and transformed before being written to blockchain networks.

Energy majors Total and Eni have joined the latest phase of BTL Group’s project aimed at facilitating gas trading reconciliation through to settlement and delivery of trades using blockchain.

The Calgary, Alberta, Canada-headquartered TSX Venture Exchange-listed company (TSXV:BTL) said on Monday (22 January) that Gazprom Marketing & Trading, Mercuria, Vattenfall, Petroineos and Freepoint were also among participants in the initiative named “OneOffice” which deploys blockchain to bring about “cost savings across the trade life cycle.”

BTL GROUP LTD. (TSX Venture:BTL) (“BTL” or the “Company”) is pleased to provide further information on the next phase of its previously announced European energy trading project, under which four oil and gas supermajors and five leading energy traders including Eni Trading & Shipping, Total, Gazprom Marketing & Trading Limited, Mercuria, Vattenfall, Petroineos and Freepoint, propose to participate in using BTL’s Interbit blockchain platform to deliver gas trading reconciliation through to settlement and delivery of trades. This enterprise solution is being called OneOffice and is a revenue generating project for BTL.

As 2018 dawns it is hard to see the mania of 2017 around cryptocurrencies dwindling. More and more businesses are looking to do an asset raise via the creation of a crypto and of course the “blue-chip” crypto, Bitcoin, remains firmly in many headlines. The debate as to whether we are in a bubble fit to burst or not will continue and that debate will only get more heated if Bitcoin makes another attempt at breaking $20,000. While everyone is focused on whether it is going to reach $20, $50, $100 thousand, they are missing the bigger story about the underlying technology: blockchain (or distributed ledger, call it what you will). At BTL we really don’t care about what Bitcoin does because it has no impact on what we’re doing. Since 2015 we’ve been building Interbit, a new blockchain platform and the journey to date has been both fascinating, as the technology evolves, but also enlightening for our clients and us.

BTL GROUP LTD. (TSX Venture:BTL) (“BTL” or the “Company”), at the request of IIROC, wishes to confirm that it is not aware of any corporate development, news or undisclosed material change to the Company or its operations that would account for the recent volatility in the stock market activity.

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.

BTL GROUP LTD. (TSX Venture:BTL) (“BTL” or the “Company”) is pleased to announce that, on November 23, 2017, it closed the previously announced brokered private placement (the “Brokered Offering”) of 2,184,000 equity units of the Company (“Units”) at an issue price of C$4.90 per Unit, for aggregate gross proceeds of approximately C$10.7 million. Each Unit is comprised of one common share of the Company (“Common Share”) and one-half of one Common Share purchase warrant (each whole Common Share purchase warrant, a “Warrant”), with each Warrant entitling the holder to purchase one Common Share at an exercise price of C$7.00 per Common Share until November 23, 2018.

As 2017 draws to a close and will be remembered as a successful year of many pilots and proofs of concept in blockchain technology, Hugh Halford-Thompson, Co-Founder and Chief Innovation Officer of BTL Group, provides the latest BTL Insights to explain why businesses are so excited about the technology.

Over the past two years BTL Group has been working with enterprise clients and learnt what it really is that they really want from blockchain. Its potential to restructure the way certain businesses processes is now clear, but what is also clear is that we have only just scratched the surface and the blockchains can totally restructure businesses or whole industries.

As 2017 draws to a close and will be remembered as a successful year of many pilots and proofs of concept in blockchain technology, Hugh Halford-Thompson, Co-Founder and Chief Innovation Officer of BTL Group, provides the latest BTL Insights to explain why businesses are so excited about the technology.

Over the past two years BTL Group has been working with enterprise clients and learnt what it really is that they really want from blockchain. Its potential to restructure the way certain businesses processes is now clear, but what is also clear is that we have only just scratched the surface and the blockchains can totally restructure businesses or whole industries.

IIROC can make a decision to impose a temporary suspension of trading in a security of a publicly listed company, usually in anticipation of a material news announcement by the company. Trading halts are issued based on the principle that all investors should have the same timely access to important company information. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.

BTL GROUP LTD. (TSX VENTURE:BTL) (“BTL” or the “Company”) is pleased to announce that, as a result of strong investor demand, it has increased the size of its recently announced brokered offering (“Offering”) led by GMP Securities L.P. (“GMP”) by C$4,701,599. Under the new terms of the amended Offering, GMP has agreed to raise a total of approximately C$10,701,600 through the offering of approximately 2,184,000 units of the Company (the “Units”) at an issue price of C$4.90 per Unit. Each Unit is comprised of one common share of the Company (“Common Share”) and one-half of one Common Share purchase warrant (each whole Common Share purchase warrant, a “Warrant”), with each Warrant entitling the holder to purchase one Common Share at an exercise price of C$7.00 per Common Share for 12 months following the closing of the Offering.

IIROC can make a decision to impose a temporary suspension of trading in a security of a publicly listed company, usually in anticipation of a material news announcement by the company. Trading halts are issued based on the principle that all investors should have the same timely access to important company information. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.

BTL GROUP LTD. (TSX VENTURE:BTL) (“BTL” or the “Company”) is pleased to announce that it has entered into an agreement with GMP Securities L.P. (“GMP”), whereby GMP has agreed to raise approximately C$6,000,000 (the “Offering”) through the offering of approximately 1,224,490 units of the Company (the “Units”) at an issue price of C$4.90 per Unit. Each Unit is comprised of one common share of the Company (“Common Share”) and one-half of one Common Share purchase warrant (each whole Common Share purchase warrant, a “Warrant”), with each Warrant entitling the holder to purchase one Common Share at an exercise price of C$7.00 per Common Share for 12 months following the closing of the Offering.

BTL GROUP LTD. (TSX VENTURE:BTL) (“BTL”) announces a proposed non-brokered private placement of up to 1,632,653 equity units of BTL (“Equity Units”) at a price of CAD$4.90 per Equity Unit for gross proceeds of up to CAD$8,000,000 (the “Private Placement”).

Each Equity Unit will be comprised of one (1) common share of BTL and one-half of one (1/2) common share purchase warrant of BTL (a “Warrant”). Each whole Warrant will entitle the holder to acquire one (1) common share of BTL for a period of 12 months from the date of issuance of the Warrant, at an exercise price of CAD$7.00 per share.

BTL GROUP LTD. (TSX VENTURE:BTL) (“BTL” or the “Company”) is pleased to announce that it has filed patents on its enterprise blockchain platform Interbit™. Interbit is a third generation blockchain platform with unique ‘connecting’ capability developed by BTL after it became apparent that second generation blockchains would not scale to meet enterprise demands as the technology matures. BTL confirmed through pre-commercial and confidential beta testing that its Interbit platform consistently exceeds customers’ requirements in many sectors, including finance and energy.

BTL GROUP LTD. (TSX VENTURE:BTL) (“BTL” or the “Company”) announces the grant of options to acquire a total of 200,000 common shares (“Common Shares”) of the Corporation at an exercise price of CAD$3.25 per share, such options to vest as to one-half on October 12, 2018 and one-half on October 12, 2019. The options expire five years from the date of grant. Of those options, 150,000 have been granted to Dominic McCann in connection with his recent appointment as Chief Executive Officer of the Company (see the Company’s press release of October 2, 2017).

BTL GROUP LTD. (TSX VENTURE:BTL) (“BTL” or the “Company”) announces that Guy Halford-Thompson, BTL’s co-founder, has stepped down from being CEO of the Company, but remains a member of BTL’s board, and that Dominic McCann has been appointed Chief Executive Officer of the Company.

BTL GROUP LTD. (TSX VENTURE:BTL) (“BTL” or the “Company”) is pleased to announce the successful launch of the DX Beta version (“Beta”) of its proprietary blockchain platform, Interbit. The Beta sets the goal of demonstrating the developer experience of interacting and building applications directly on Interbit and brings the platform one step closer to being launched in a live commercial environment. Beta is being distributed to a number of selected partners who will be providing critical feedback.

BTL GROUP LTD. (TSX VENTURE:BTL) (“BTL” or the “Company”), at the request of IIROC, wishes to confirm that it is not aware of any corporate development, news or undisclosed material change to the Company or its operations that would account for the recent volatility in the stock market activity.

The recent WannaCry NHS cyber-attack has once again highlighted the dire need for more robust systems. As the world becomes more connected, each new connection creates another potential avenue for attack. Surprisingly (or maybe not to some), the NHS attack could have very easily been prevented – the virus targeted Windows XP, which Microsoft ended support for on April 8th, 2014 (almost 3 years ago). Any machine which had been updated to a newer system was immune to the attack.

BTL GROUP LTD. (TSX VENTURE:BTL) (“BTL” or the “Company”) is pleased to welcome the start by Dominic McCann as Executive Vice-President, Sales and Marketing of the Company. As previously announced, Mr. McCann has also been appointed to the Board of Directors of the Company. See the Company’s June 22, 2017 press release for more information regarding Mr. McCann.

BTL GROUP LTD. (TSX VENTURE:BTL) (“BTL” or the “Company”) is pleased to announce that Dominic McCann has been appointed to the Board of Directors of the Company and has agreed to join its management team. Mr. McCann was a director of SAS Institute where he led the Oil and Gas Business Unit for SAS in Europe, the Middle East and Africa. Dominic has a very technology focused sales career with a great deal of exposure to the energy sector having previously worked at Accenture, Dell, Morse Group and mhm Group which was acquired by Deloitte. He will be based in BTL’s London office, UK. Mr. McCann will join the management team effective July 3, 2017.

BTL is pleased to announce it is taking steps towards a go-to production phase on its Interbit platform, following the successful completion of its European energy trading pilot with BP, Eni Trading & Shipping and Wien Energie. The intense, 12 week pilot involved building out an energy trading confirmation solution on BTL’s Interbit platform, which was successful in all 8 test scenarios. The pilot proved that Interbit can streamline many trading and back office processes across the energy trade lifecycle.

BTL GROUP LTD. (TSX VENTURE:BTL) (“BTL” or the “Company”) announces that it has filed its interim financial statements and Management’s Discussion and Analysis for the period ended 31st March 2017, which can be found under BTL’s profile on SEDAR (www.sedar.com), and which sets forth detailed operating and financial results for the Company.

BTL is working towards the Beta release of Interbit in Q3 of this year, and continues to test and validate Interbit in the market with its pilot projects.

I am delighted to present BTL’s first White Paper which focuses on blockchain technology’s application to the energy space. Over the past few months, BTL has been undertaking a European wide energy focused blockchain technology pilot.

The pilot commenced on the Alpha version of Interbit, our enterprise focused blockchain platform, with some of the largest energy companies in the world. During this process we have learned a great deal about how blockchain technology could benefit the energy sector by significantly increasing efficiencies and reducing costs.

BTL GROUP LTD. (TSX VENTURE:BTL) (“BTL”) is pleased to provide a progress update and strategic outline for the rollout of Interbit, its proprietary private blockchain technology platform, in a Beta version during the upcoming third quarter of this fiscal year.

“We are very proud of what we’ve achieved at BTL to date, which includes getting our Interbit platform to the Alpha state, along with funding in place to support development of the next phase. Having successfully completed pilot projects in the energy sector, and the finance space with Visa, we are more confident in our blockchain technology than we’ve ever been and have a more transparent roadmap for Interbit’s route to market,” said Guy Halford-Thompson, BTL’s Co-Founder and Chief Executive Officer. “We have built the Interbit platform specifically with enterprise in mind to help companies overcome many of the challenges they face today such as the high cost of maintaining legacy IT frameworks, speed of data transfer, data loss, reconciliation and cybersecurity,” he continued.

On February 14th-15th, Event Horizon 2017 brought together 550 international first movers and thought leaders from the energy as well as the Blockchain sector, to discuss and develop energy solutions for the future. Here is Co-Founder and CIO of BTL Group Ltd. Hugh Halford-Thompson speaking during the event.

Through news, analysis and expert advice, The Disruptors looks at the most exciting global news and trends and applies it to smaller Canadian companies looking to scale up fast. The show is hosted by BNN’s Amber Kanwar and successful entrepreneur, VC and ex-Dragon Bruce Croxon.

In this episode (16:32), Guy Halford-Thompson (CEO of BTL) discusses some of the opportunities and benefits blockchain technology creates, as well as BTL’s ongoing pilot projects in both the Finance and Energy industries.

BTL GROUP LTD. (TSX VENTURE:BTL) (“BTL”) is pleased to announce that it has completed its previously announced non-brokered private placement for aggregate gross proceeds of CAD$3,105,000 (the “Private Placement”).

The Private Placement was comprised of 1,150,000 equity units (the “Units”) that were issued at a price of CAD$2.70 per Unit. Each Unit consists of one (1) common share of BTL and one-half of one (1/2) common share purchase warrant of BTL (a “Warrant”). Each whole Warrant entitles the holder to acquire one (1) common share of the Corporation for a period of 24 months from the date of issuance of the Warrant, at an exercise price of CAD$3.25 per share.

BTL GROUP LTD. (TSX VENTURE:BTL) (“BTL”) is pleased to announce that due to strong demand, it intends to increase the size of its recently announced proposed non-brokered private placement (the “Private Placement”) to up to CAD$3,105,000 worth of equity units of BTL (the “Equity Units”), in order to fill such demand. BTL announced in its March 22, 2017 press release that it proposed to undertake a private placement of Equity Units at CAD$2.70 per Equity Unit. Pursuant to the Private Placement, up to 1,150,000 Equity Units may now be issued.

BTL GROUP LTD. (TSX VENTURE:BTL) (“BTL”) announces a proposed non-brokered private placement of up to 1,000,000 equity units of BTL (“Equity Units”) at a price of CAD$2.70 per Equity Unit for gross proceeds of up to CAD$2,700,000 (the “Private Placement”).

Each Equity Unit will be comprised of one (1) common share of BTL and one-half of one (1/2) common share purchase warrant of BTL (a “Warrant”). Each whole Warrant will entitle the holder to acquire one (1) common share of BTL for a period of 24 months from the date of issuance of the Warrant, at an exercise price of CAD$3.25 per share.

The peer to peer (P2P) lending industry is fast expanding, but most of the platforms available today are not being built using blockchain technology.

Industries which have existed for a long time are constantly striving to increase their efficiency to maintain an edge over the ever growing competition, and in any industry, over time margins will be driven down, and companies will be forced to look towards new technology to enable them to remain competitive.

BTL GROUP LTD. (TSX VENTURE:BTL) (“BTL”) is pleased to announce the addition of Jon Downing to BTL’s advisory board. Over the last 25 years, Jon has successfully delivered innovation, business and technology services at some of the largest and most respected global companies, including Visa, J P Morgan, HP Enterprise Services & American Express.

BTL is a rapidly growing Blockchain Services company whose purpose is to increase efficiency and open new market opportunities by harnessing the power of the blockchain to bring the world’s critical systems into consensus.

Blockchain is a truly revolutionary technology that is enabling us to transact in ways that were never possible before; however, many of the world’s largest banks still don’t understand what this technology really means for them. This has led to much confusion about how blockchain will be adopted, and what its impact and magnitude will be. For blockchain to succeed, it is critical not only that the technology is well understood, but that the institutions that are most impacted by the technology have a firm understanding of how it will improve their businesses.

Private and public blockchains are often the subject of debate as to which one is more suitable, but often the most important question is left out, namely, what is the use case? Both private and public blockchains will secure their niche in the industry, however their design and applications are fundamentally different, because their use case is fundamentally different.

BTL GROUP LTD. (TSX VENTURE:BTL) (“BTL”) is pleased to disclose that it has been recognized as a TSX Venture 50™ company in 2017 (TSX Venture 50 is a trademark of TSX Inc. and is used under license). The TSX Venture 50™ are the top 10 companies listed on the TSX Venture Exchange, in each of five major industry sectors - mining, oil & gas, clean technology & life sciences, diversified industries and technology - based on a ranking formula with equal weighting given to return on investment, market cap growth, trading volume and analyst coverage. All data was as of December 31, 2016.

BTL GROUP LTD. (TSX VENTURE:BTL) (“BTL”) is pleased to announce that it is working with a group of leading energy companies, including Wien Energie GmbH, Austria’s largest regional energy company, on a blockchain pilot using BTL’s Interbit platform. As with previous projects that BTL has successfully completed in this space, the goal is to demonstrate how BTL’s technology can significantly drive down costs associated with energy trading. This revenue generating pilot will run alongside the other work BTL is continuing to undertake in the energy and finance industries.

Since 2015 blockchain has been associated almost entirely with the finance industry and more specifically, payments. In 2016, companies started to realize the potential for applications of blockchain tech outside of the financial sector, but because of our synonymous association with blockchain and money, these concepts can be hard to grasp. The reality is in fact very simple.

At the recent Cantech Investment Conference 2017, Co-Founder and CEO of BTL Group Ltd. (TSXV: BTL) Guy Halford-Thompson spoke to SmallCapPower about the basics of blockchain technology. He confirmed that the technology is validated, secure, and has the potential for high growth.

Companies often talk about the disruptive potential of their technology, but often misunderstand what it means. Disruption is described by the English dictionary as disturbance or problems that interrupt an event, activity, or process. When working with established industry incumbents to transform technology, disruption is the exact opposite of what we so called “disruptors” should be aiming for.

BTL GROUP LTD. (TSX VENTURE:BTL) (“BTL” or the “Corporation) is pleased to announce it has completed a revenue generating pilot project with a leading, global energy company and provides an update on its previously announced pilot in the finance and banking space.

The Paypers interviews BTL’s CEO Guy Halford-Thompson on the latest blockchain deployments in the banking industry and the company’s partnership with Visa.

In an interview with The Paypers, BTL’s CEO Guy Halford-Thompson shares valuable insights on why banks, payment schemes and payment providers are reaching out to blockchain and what benefits could this emerging technology bring to businesses across the globe.

BTL GROUP LTD. (TSX VENTURE:BTL) (“BTL” or the “Corporation”) is pleased to announce that in the third quarter ended September 30, 2016 it has booked its first revenue, and also announces that it has successfully completed its previously announced warrant exercise incentive program.

BTL GROUP LTD. (TSX VENTURE:BTL) (“BTL” or the “Corporation”) is pleased to announce it has completed EY’s 2016 Startup Challenge, which focused on building blockchain solutions for digital rights management and energy trading.

BTL GROUP LTD. (TSX VENTURE:BTL) (“BTL” or the “Corporation”) announces an incentive program (the “Incentive Program”) to encourage the early exercise of 1,281,164 warrants issued in May and June of 2016 (collectively, the “2016 Warrants”), and also announces significant additions to management.

BTL will be providing a brief overview of blockchain technology and the ways in which it can disrupt and transform business sectors beyond financial technology. The session will also include an overview of practical examples of real solutions that have been built on the blockchain platform.

Fantasy 6 Sports Inc. (“Fantasy 6” or the “Company”) (CSE:FYS)(OTC PINK:FNTYF)(FRANKFURT:6F6)(WKN:A2AKL8) announces it is partnering with BTL Group Ltd. (TSX VENTURE:BTL) (“BTL” or the “BTL Group”) to create a suite of blockchain services designed specifically for fantasy sports companies. This strategic partnership is intended to consolidate Fantasy 6’s vision for technological leadership and innovation in the fantasy sports industry.

BTL GROUP LTD. (TSX VENTURE:BTL) (“BTL” or the “Corporation”) is pleased to announce that it has been selected as one of six blockchain companies to participate in the EY Startup Challenge 2016, which is focused on building blockchain solutions for digital rights management and energy trading.

BTL GROUP LTD. (TSX VENTURE:BTL) (“BTL” or the “Corporation”) is pleased to announce that it has entered into a project with Visa Europe Collab to explore potential applications for blockchain technology in the financial services ecosystem. The project will use BTL’s cross-border settlement platform Interbit to explore the ways in which a blockchain-based settlements can reduce the friction of domestic and cross border transfers between banks - reducing cost, settlement time, credit risk, and by leveraging smart contracts to automate many of the regulation and compliance requirements of domestic and international transfers. A small number of European banks have been invited to participate in the project.

With two previous successful events, we are proud to host our 3rd. The event will consist of a few speakers describing what they are doing with the blockchain and their interests surrounding it. Industry representatives are encouraged to attend in order to learn more about the technology and so are people already working with or in the blockchain space.

BTL GROUP LTD. (TSX VENTURE:BTL) (“BTL” or the “Corporation”) is pleased to announce that it has completed its previously announced non-brokered private placement for aggregate gross proceeds of $150,000 (the “Private Placement”).

The Private Placement was comprised of 250,000 equity units (the “Units”) that were issued at a price of $0.60 per Unit. Each Unit consists of one (1) common share of the Corporation and one (1) common share purchase warrant of the Corporation (a “Warrant”). Each Warrant entitles the holder to acquire one (1) common share of the Corporation for a period of 12 months from the date of issuance of the Warrant, at an exercise price of $1.00 per share.

BTL GROUP LTD. (TSX VENTURE:BTL) (“BTL” or the “Corporation”) announces a proposed non-brokered private placement of up to 250,000 equity units of the Corporation (“Equity Units”) at a price of CAD$0.60 per Equity Unit for gross proceeds of up to CAD$150,000 (the “Private Placement”).

Each Unit will be comprised of one (1) common share of the Corporation and one (1) common share purchase warrant of the Corporation (a “Warrant”). Each Warrant will entitle the holder to acquire one (1) common share of the Corporation for a period of 12 months from the date of issuance of the Warrant, at an exercise price of CAD$1.00 per share.

The healthcare industry is one of the many industries poking its head out at blockchain technology. Join us on Tuesday as Hugh Halford-Thompson, CTO of BTL, gives a talk on how the technology can apply and fit into this particular industry.

Hugh Halford-Thompson of BTL gave an introduction to blockchain technologies before talking more in depth on various use cases across different sectors, including payments and settlement, reconciliation, and traceability. He discussed how blockchains will enable new business cases and change the way businesses trade information and value.

BTL GROUP LTD. (TSX VENTURE:BTL) (“BTL” or the “Corporation”) is pleased to announce that it has completed its previously announced non-brokered private placement for aggregate gross proceeds of $618,700 (the “Private Placement”).

The Private Placement was comprised of 1,031,164 equity units (the “Units”) that were issued at a price of $0.60 per Unit. Each Unit consists of one (1) common share of the Corporation and one (1) common share purchase warrant of the Corporation (a “Warrant”). Each Warrant entitles the holder to acquire one (1) common share of the Corporation for a period of 12 months from the date of issuance of the Warrant, at an exercise price of $1.00 per share.

BTL will be hosting the second ‘Innofuse’ event as part of our ongoing series designed to educate on the technology and bridge the gap between blockchain and business. Speakers will include Anthony Culligan from SETL, Anish Mohammed previously of Lloyds, and Kieran Kelly of ArcNet.

BTL GROUP LTD. (TSX VENTURE:BTL) (“BTL” or the “Corporation”) is pleased to announce its intention to increase the size of its recently announced proposed non-brokered private placement (the “Private Placement”) to up to CAD$655,000 worth of equity units of the Corporation (“Equity Units”). The Corporation announced in its April 14, 2016 press release that it proposed to undertake a private placement of Equity Units, at CAD$0.60 per Equity Unit. Pursuant to the Private Placement, up to 1,091,666 Equity Units may be issued.

BTL GROUP LTD. (TSX VENTURE:BTL) (“BTL” or the “Corporation”) announces a proposed non-brokered private placement of up to 833,333 equity units of the Corporation (“Equity Units”) at a price of CAD$0.60 per Equity Unit for gross proceeds of up to CAD$500,000 (the “Private Placement”).

Hugh Halford-Thompson, CTO of BTL, will be on the panel of experts for this live webinar where they will be discussing the various opportunities blockchain technology has to offer in the small-business world, in addition to the regulation and compliance surrounding it.

BTL Group Ltd (TSXv:BTL) - Canadian listed BTL will give an update on their remittance platform Interbit and a live demo of an oversea payment highlighting the disruptive nature of their product which leverages blockchain technology to provide a competitive advantage.

BTL GROUP LTD. (TSX VENTURE:BTL) (“BTL” or the “Corporation”) is pleased to announce that it has entered into an agreement with Netcoins Inc. (“Netcoins”) to launch in-store remittances, initially in 19 stores across Canada. Remittances will be offered under BTL’s Xapcash brand, using Netcoins’ in-store terminals to send funds through BTL’s proprietary money transfer platform (Interbit). Through its Xapcash brand and this agreement with Netcoins, BTL’s blockchain technology aims to offer a seamless money transfer experience, both online and in-store.

“This agreement is a significant step forwards for BTL, and we believe will be the first time blockchain based remittances have been offered in physical stores,” commented Guy Halford-Thompson, CEO of BTL. “The ability to offer in-store, as well as online remittances, through our Xapcash platform will significantly increase our customer reach, and we are excited to be working alongside Netcoins and their team.”

BTL GROUP LTD. (TSX VENTURE:BTL) (“BTL” or the “Corporation”) is pleased to announce that it has completed its previously announced acquisition of blockchain company, Xapcash Technologies Inc. (“Xapcash”).

“The completion of this acquisition marks a strategic milestone for BTL and the addition of the Xapcash management and blockchain expertise are a perfect compliment to the BTL team.” commented Guy Halford-Thompson, CEO of BTL. “The Xapcash platform will change the way consumers and businesses send money abroad, and allow BTL to penetrate the global remittance market with our blockchain solutions and start building revenues and margin.”

Nasdaq Director of Global Software Development Alex Zinder recently gave a presentation on the blockchain and stock exchanges at the 2016 MIT Bitcoin Expo. During his talk, Zinder covered many of the issues related to centralization involved with the way stock markets currently function.

In organizations of varying sizes, invoicing and payroll are often detail-ridden, time consuming and highly specialized processes that are handled by specific people. These tasks are delegated and outsourced and whenever possible, streamlined and automated. There’s an entire industry around accounting and payroll services that have household names (ADP, Intuit, Paychex) among their ranks, but blockchain technology has shown potential to transform the market. For many of the reasons why blockchain technology is such a strong solution for cross-border remittances, it can be used with equal or more effectiveness in overseas payroll processes as well.

Proper auditing is a key aspect of running any organization. Without auditing, decision makers are left with no insight into whether or not their strategies are proving effective. It’s also useful for attracting investment. Businesses looking to raise capital from investors will prove more successful if they have proof of a quality audit.

BTL GROUP LTD. (“BTL” or the “Corporation”) (TSX VENTURE:BTL) is pleased to announce the following appointments effective immediately: Mr. Brian Hinchcliffe as Executive Chairman; Mr. Rob Suttie as Chief Financial Officer and Corporate Secretary; and Mr. John Thomson as Lead Director.

Brian Hinchcliffe - Executive Chairman of the Board of Directors

Mr. Hinchcliffe has been a director of the Corporation since its inception and will now act as Executive Chairman. Mr. Hinchcliffe has been involved in projects in the natural resources sector for nearly 20 years and has sat on the board of directors of numerous publicly listed companies. He served as Vice President at Goldman Sachs for ten years before launching an entrepreneurial career. Mr. Hinchcliffe is a co-founder of Kirkland Lake Gold Inc. and previously served as its President and CEO. Mr. Hinchcliffe is currently Executive Chairman and Chief Executive Officer of Belvedere Resources Ltd. and a director of Rupert Resources Ltd., both Exchange listed companies.

BTL will be hosting ‘Innofuse’ as part of a series of events designed to educate on the technology, and bridge the gap between the blockchain space and established companies looking to learn about the technology. Speakers will include Sian Jones from Coinsult and Jon Downing from VISA Europe Collab.

As BTL has recently unveiled Interbit, an international remittance platform which lowers the costs associated with fiat to fiat currency, it’s clear that there is much room for growth in the space of remittances using blockchain technology. Fintech as a whole is rapidly embracing potential applications of the blockchain across the board and many players in the space seem eager to test out what efficiencies can be squeezed out of this emerging technology in the fastest and most disruptive way possible.

Guy Halford-Thompson, CEO of BTL, will be present to discuss Blockchain – one of the most debated technologies in FinTech, most prominantly in the context of Bitcoins. Expect to see an attractive program with excellent speakers about current development and trends in the FinTech industries.

Blockchain technology has the potential to impact many different aspects of the world’s financial system, but regulators are mainly interested in using these new protocols for improved transparency. Central banks and financial regulatory bodies all over the world are looking at how they can use blockchain technology to lower costs for compliance and offer a clear picture of how money moves throughout the economy.

BTL would like to invite you to the first Forum on blockchain applications. Guy Halford-Thompson (CEO), Hugh Halford-Thompson (CTO), and Nick Stalder (Adviser to the Board) of BTL Group Ltd., will be present to discuss BTL’s approach to blockchain auditing, biometric authentication, B2B payment network, and smart contracts.

BTL GROUP LTD. (TSX VENTURE:BTL) (“BTL” or the “Corporation”) is pleased to announce that it has entered into a binding letter of intent dated effective February 16, 2016 (“LOI”) with Xapcash Technologies Inc. (“Xapcash”) to complete a business combination, whereby BTL has agreed, subject to certain conditions, to acquire all of the issued and outstanding securities of Xapcash (the “Transaction”). BTL and Xapcash are working together on new blockchain based remittance products utilizing Xapcash’s front-end remittance product and BTL’s back-end remittance platform (Interbit) to transmit funds globally, efficiently and at significantly reduced costs to users. Of particular importance to the Transaction and the launch of BTL’s blockchain remittance solution is the money service business (MSB) registration that Xapcash has obtained in Canada.

Businesses across all industries can gain an unfair advantage over others by manipulating data. This type of fraud occurs under many forms - an employee who signed off on a bad trade and later put somebody else’s name to it, perhaps the amendment of a contract where one party regretted the terms they signed up to. Another common case involves athletes or their sponsors manipulating drug test data they are not content with.

(TSX VENTURE:BTL) (“BTL” or the “Corporation”) is pleased to announce that it has been invited to showcase its blockchain technology at the BC Tech Summit, January 18th & 19th, 2016 in Vancouver, British Columbia. At the Summit, BTL will be launching Interbit, it’s remittance platform, with a live demo showing real-time remittances and displaying the low transaction costs of those remittances. The live Interbit demo will demonstrate the ability of this platform to significantly reduce the cost of remitting funds from Canada to the Philippines and Mexico. In addition, BTL has accepted invitations to meet during the event with a number of companies seeking opportunities to innovate using blockchain technology. BTL seeks to build on its accomplishments by developing strategic business relationships and a client base for its innovative blockchain technologies.

BTL will be launching Interbit, it’s remittance platform, with a live demo showing real-time remittances and displaying the low transaction costs of those remittances. The live Interbit demo will demonstrate the ability of this platform to significantly reduce the cost of remitting funds from Canada to the Philippines and Mexico. BTL has also accepted invitations to meet during the event with a number of companies seeking opportunities to innovate using blockchain technology.

BTL Group Ltd. (“BTL” or the “Corporation”) is pleased to announce that it has established an Advisory Board and that Nicholas Stalder has been appointed as the initial member of the Advisory Board. Mr. Stalder’s appointment as an advisor furthers the commitment of the Corporation to become a world leader in blockchain technologies.

“We welcome Nick Stalder as the initial member of the newly established Advisory Board. Nick has 30 years of experience in the financial services industry, which experience will be valuable to the Corporation as it develops its blockchain and Interbit product solutions,” stated Guy Halford-Thompson, CEO of BTL.

Blockchain Technology LTD (BTL) is excited to announce that they will be sponsoring two seats in the upcoming January session of Launch Academy’s Lean Entrepreneur Program. The Lean Entrepreneur Program provides first-time entrepreneurs and career-changers with the best practices for building a lean startup. This program focuses on what’s essential to you in the first six months of your startup journey.

Blockchain Tech Ltd. (TSXV: BTL) started trading on the TSX Venture Exchange as a wholly-owned subsidiary of BTL Group Ltd. under the symbol BTL, following approval of its qualifying transaction with Capital Pool Company “Northern Aspect Resources”. As part of the transaction, Northern Aspect changed its name to BTL Group and will continue the business of Blockchain.

InvestmentPitch.com has produced a video news alert which provides a brief overview of the company. If this link is not enabled, please visit www.InvestmentPitch.com and enter “BTL Group” in the search box.

BTL Group Ltd. (formerly Northern Aspect Resources Ltd.) (“BTL”), is pleased to announce that it has closed its previously announced qualifying transaction (the “Transaction”) with Blockchain Tech Ltd. (“Blockchain”), a developer of blockchain technologies. As part of the Transaction, BTL changed its name from Northern Aspect Resources Ltd. to BTL Group Ltd. Following completion of the Transaction, Blockchain is now a wholly-owned subsidiary of BTL, BTL intends to meet the listing requirements for a “Tier 2” technology issuer on the TSX Venture Exchange (the “Exchange”) and BTL will continue the business of Blockchain (described in further detail below).

Trading in the common shares of BTL is expected to begin on the TSX Venture Exchange (the “Exchange”) on November 6, 2015 under the symbol “BTL”.

The following is part 2 of a 3 part opinion series on the blockchain by Daniel Sutton.

Blockchain is going to change the way you transact. Drastically.

The Atlantic recently reported that to read all the user agreements that you encounter in your year would take 76 working days. That’s why we don’t read them, for better or worse. Extrapolate then, the time you spend filling in bank forms, applications, online memberships, rental agreements, insurance, tax, and the thousand other daily identity verification procedures you go through to essentially establish: a) that you are who you say you are; and b) that you can be trusted.

Northern Aspect Resources Ltd. (TSX VENTURE:NTH.H) (“NARL” or the “Corporation”), a capital pool company, is pleased to announce that it has entered into a binding definitive share exchange agreement dated August 31, 2015 (the “Definitive Agreement”) with Blockchain Tech Ltd. (“BTL”), to provide for the completion of a business combination with BTL (the “Transaction”), as more particularly described below. The Transaction was initially announced in a NARL press release dated June 17, 2015, indicating NARL and BTL had entered into a binding letter of intent in respect of the Transaction.

The Transaction is subject to a number of terms and conditions as set forth in the Definitive Agreement, including (among other things) the approval of the TSX Venture Exchange (the “Exchange”). If completed, the Transaction will constitute the “Qualifying Transaction” of NARL, as such term is defined in Policy 2.4 of the Exchange.

The following is part 1 of a 3 part opinion series on the blockchain by Daniel Sutton.

Blockchain has the potential to redefine the way we transact. It represents a technological Swiss Army Knife, cropping up in applications from tracability of food to borderless money transfer. While often associated with the indelible ledger of Bitcoin transactions, broader appreciation for the implications of a trustless, two party transaction mechanism are inspiring a new generation of Blockchain companies to diversify their market scope. What TCP/IP is to the internet, Blockchains will be to transactions.

Northern Aspect Resources Ltd. (NEX:NTH.H) (the “Corporation”), a capital pool company, is pleased to confirm the terms of its previously announced brokered private placement (the “Private Placement”). Further to the Corporation’s press release dated July 13, 2015, the Corporation has engaged M Partners Inc. to act as agent on a commercially reasonable best efforts basis in connection with a proposed brokered private placement of a minimum of 1,400,000 subscription receipts and a maximum of 2,000,000 subscription receipts of the Corporation (“Subscription Receipts”) at a price of CAD$0.50 per Subscription Receipt for minimum gross proceeds of CAD$700,000 and maximum gross proceeds of CAD$1,000,000.

Northern Aspect Resources Ltd. (NEX:NTH.H) (the “Corporation”), a capital pool company, announces that it intends to complete a non-brokered private placement (the “Private Placement”) of up to 2,000,000 common shares (“Common Shares”) of the Corporation at a price of $0.15 per share for gross proceeds of up to $300,000. The net proceeds of the Private Placement will be used with a view to completing a “Qualifying Transaction” and for general working capital purposes.

The Private Placement is anticipated to close in July 2015; however, completion is subject to certain conditions, including approval of the NEX Board of the TSX Venture Exchange (the “NEX”) to the listing of the Common Shares on the NEX. The Common Shares will be subject to a hold period ending four months and a day from the date of closing.